Trust Administration
If you want to leave your belongings to your loved ones after you pass, you may want to talk to a trust lawyer Sacramento, CA respects. He or she may help you create a trust for your loved ones, so your assets can be passed on to the beneficiaries. With a living trust, you could avoid the probate process and have maximum control of your estate. The assets placed in a trust may also be protected from creditors.
What Does a Trust Lawyer Do?
A trust lawyer in Sacramento, CA is a legal professional who helps individuals create and administer trusts. He or she may also provide helpful legal advice to the person you name as your trustee.
Hiring a trust lawyer Sacramento, CA depends on may be beneficial if you want to reduce your estate taxes, choose when your beneficiaries will get their inheritance, or if you do not want your family members to go through the probate process.
What Should I Expect from My First Meeting With a Trust Lawyer?
Preparing for your first appointment with a Sacramento trust lawyer can be pretty intimidating. After all, you may be discussing a lot of important information, such as the person you name as trustee of your trust, and which assets you want to leave to your loved ones.
During your first meeting with a trust lawyer Sacramento, CA counts on, he or she may want to find out more about your family and economic situation in order to create the right estate plan. Here are some of the questions he or she my ask you:
- Are you married?
- How many children do you have?
- Do any of your children have special needs?
- Do you have real estate in any other state?
- Who do you want to name as the executor, trustee and guardian of any minor children?
- What is your yearly income?
- Where do you work?
- Who do you want to give your property and other assets to when you die?
Try to answer you lawyer’s questions as completely and accurately as possible. The more details you provide, the better able he or she may be able to assist you with your trust.
How Much Does a Trust Lawyer Cost?
Trust lawyers may charge an hourly or flat fee for their services. If a trust lawyer Sacramento, CA relies on charges an hourly fee, he or she may bill you on the total amount of hours he or she spends working on your trust. If a trust lawyers works on a flat fee, the fee is typically a percentage of the value of your estate. Before you hire a trust lawyer, make sure you know exactly how much his or her fees are.
It is never too early to hire a trust lawyer. He or she may help you make sure that your loved ones receive your assets with minimal hassle. If you are searching for a trust lawyer Sacramento, CA offers, contact Yee Law Group Inc. at 916-599-7297.